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Maejung Company had a transaction that caused a $100,000 increase in both assets and stockholders equity. This transaction could have been a(n):
Select one:
a. Purchase of office equipment for $128,000, paying $28,000 cash and issuing a note payable for the balance
b. Investment of $100,000 cash in the business by the stockholders
c. Purchase of office equipment for $100,000 cash
d. Repayment of a $100,000 bank loan
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